Colliers as sole marketing agents are pleased to offer to market this value-add opportunity in the heart of Sydenham on an ‘as is, where is basis’.
This is a fantastic opportunity for astute investors, occupiers, and developers to acquire a genuine value add property in a tightly held, growth location.
Situated on the corner of Buchan Street and Lawson Street, this freehold industrial property sits amongst an eclectic mix of light industrial, office, and retail operators.
The building was constructed in the 1970’s and comprises of medium stud warehouse space which is accessed via two roller doors fronting Buchan Street and one roller door fronting Lawson Street. Amenities are located on both sides of the warehouse meaning the property would lend itself to being split into two individual tenancies. The property is currently presented as a clear span warehouse with approximately 700 sq m of useable space.
Opportunities such as this are becoming increasingly rare and astute buyers will see the clear value add potential of this offering.
With strong demand for add value projects we expect this property to be sold on or before auction day. We strongly encourage viewing to fully appreciate the opportunity.
For sale by Auction: 10am, Thursday 13 March 2025 (unless sold prior). Auction venue is Colliers Auction Room, Building 1, Level 1, 181 High Street, Central Christchurch, 8011.
*Boundary lines are indicative only.
Features:
* 726 sq m Freehold Title
* Value add opportunity
* ‘As is, where is’
* Dual access corner site
* Approximately 700 sq m floor area
* Industrial General zoned
* Tightly held and sought after location
* Surrounding amenity